Adam smith

Learn about the ideas of Adam Smith in just 50 minutes with this practical and concise book. Smith is widely considered to be the leading thinker of classical economics and is therefore regarded as the father of modern economics. His work has had a lasting impact on many economists who came after him and covers a wide range of topics, including... Read more

Understand the essentials of the theory of comparative advantage (also known as the law of comparative advantage or the law of relative advantage) in just 50 minutes with this practical and concise book. This theory, which was developed by the renowned economist David Ricardo, illustrates that specialization and trade benefit both parties in the exchange and generate wealth. It maintains that comparative... Read more